Report: LG will Supply Foldable Display to a “Global Business in the US”

Korean IT site etnews has stated that not only has “LG Display [started] mass-producing foldable display products” but “it decided to supply its foldable display products to a global business in the U.S. and started its preparation to produce them.”

The source goes on to explain that “It is likely [LG’s] first customer will be a global software (SW) business, and this business’s goal is to challenge Samsung Electronics’ and Apple’s strongholds in high-end Smartphone market with foldable Smartphones.” […]

The report also reiterated the belief that Samsung plans to introduce a foldable smartphone in January 2016, and added that LG’s business partner is “also planning to release its products at the similar time.”